ACLE Seminar: Barbarians inside the gates: Raiders, activists, and the risk of mistargeting

This article argues that the conventional wisdom about corporate raiders and activist hedge funds — raiders break things and activists fix them — is wrong. Because activists have a higher risk of mistargeting — mistakenly shaking things up at firms that only appear to be underperforming — they are much more likely than raiders to destroy value and, ultimately, social wealth.

The seminar will take place in Roeterseiland campus (REC) building A, room number A2.11 (on the second floor), and will also be streamed online via Zoom.